中石科技(300684) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was CNY 311,171,942.63, a decrease of 44.28% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was CNY 19,678,619.50, down 78.06% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was CNY 10,622,127.39, a decline of 87.96% compared to the previous year[5]. - The company experienced a 15.15% decline in revenue for the first nine months of 2023, totaling CNY 954,744,893.90[11]. - Total revenue for Q3 2023 was CNY 954,744,893.90, a decrease of 15.2% compared to CNY 1,125,254,805.93 in Q3 2022[23]. - Operating profit for Q3 2023 was CNY 63,773,232.57, a decline of 61.7% from CNY 166,528,334.62 in Q3 2022[23]. - Net profit for the period was CNY 64,703,318.25, down 61% from CNY 166,047,493.40 in the previous year[23]. - The net profit for Q3 2023 was ¥53,150,698.72, a decrease of 62.7% compared to ¥142,541,477.41 in Q3 2022[24]. - The net profit attributable to shareholders of the parent company was ¥54,340,093.16, down 62.2% from ¥143,758,944.56 in the same period last year[24]. - Basic and diluted earnings per share for Q3 2023 were both ¥0.1940, down 62.0% from ¥0.5119 in Q3 2022[24]. - The total comprehensive income for Q3 2023 was ¥53,074,341.29, a decrease of 62.7% compared to ¥142,164,797.39 in Q3 2022[24]. Cash Flow - The company reported a net cash flow from operating activities of CNY 157,140,292.21, an increase of 54.81% year-to-date[12]. - Operating cash flow for Q3 2023 was ¥157,140,292.21, an increase of 54.8% from ¥101,503,164.52 in Q3 2022[27]. - Cash inflow from operating activities totaled ¥1,124,178,141.88, compared to ¥1,070,888,566.53 in the previous year, reflecting a growth of 4.9%[27]. - The company reported a net cash outflow from financing activities of ¥9,187,149.08, an improvement from a net outflow of ¥127,738,170.42 in the same quarter last year[28]. Assets and Liabilities - The total assets at the end of Q3 2023 were CNY 2,242,426,015.77, a decrease of 2.12% from the end of the previous year[5]. - Total current assets as of September 30, 2023, amounted to CNY 1,545,326,054.54, a slight decrease from CNY 1,562,658,804.01 at the beginning of the year[20]. - Total liabilities decreased to CNY 360,534,415.94 from CNY 554,276,154.42 at the start of the year, representing a reduction of 34.9%[21]. - Cash and cash equivalents increased to CNY 388,352,950.87 from CNY 369,179,894.85, reflecting a growth of 5.3%[20]. - Inventory decreased to CNY 141,816,312.52 from CNY 191,466,981.35, a decline of 26%[20]. - The company reported a significant increase in investment properties, rising to CNY 7,970,962.95 from CNY 256,928.88[20]. - The company's equity attributable to shareholders increased to CNY 1,874,099,239.81 from CNY 1,727,664,580.66, an increase of 8.5%[21]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 33,759[14]. - The top two shareholders, Wu Xiaoning and Ye Lu, hold 19.19% and 18.86% of shares respectively, totaling 113,961,015 shares, which accounts for 42.89% of the total share capital[14]. - The total number of restricted shares at the end of the reporting period is 117,546,942, with no shares released during the period[16]. - The company has a total of 98,890,226 restricted shares at the beginning of the period, which remained unchanged[16]. - The company’s major shareholders, including Wu Xiaoning and Ye Lu, are related parties, holding a combined total of 128,471,815 shares[14]. - The company has no preferred shareholders as of the reporting period[15]. Organizational Changes - The company completed the liquidation and deregistration of its wholly-owned subsidiary, Wuxi Zhongshi Weiye Functional Materials Co., Ltd., as part of its organizational restructuring[17]. - The company disposed of a property for a transaction price of RMB 10.5 million, enhancing asset operation efficiency[18]. - The company issued 18,656,716 new shares through a simplified procedure, raising a total of approximately RMB 299.99 million[17]. Financial Expenses - The company’s financial expenses improved significantly, with a decrease of 93.36% due to reduced exchange rate losses[11]. - The net cash flow from investment activities was CNY -124,782,826.53, a decrease of 76.14% year-on-year[13]. Cost Management - The company’s gross profit margin decreased due to lower sales prices from major clients, impacting overall profitability[6]. - The company increased its international management team and overseas production base, leading to higher management and sales expenses[6].